Amazon is down over 10% in a week. I doubt that lasts long. $AMZNpic.twitter.com/i5eZvFgxKW
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Well, it's already +3% since I wrote that. It was -3% this morning. I don't have an explanation on it apart from tech is likely to be bid up again. If you recall from my last article, I said, people will probably buy both recovery and tech stocks to maintain risk.
Thanks - understood.
$AMZN will be interesting to watch as a leading indicator of broader market weakness - it leads on the way up, and in theory will lead on the way down if/when that happens
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